Permits localities to opt to reduce renters' payments towards rent to one-third of household income for eligible participants in the SCRIE and DRIE programs

Summary

The bill lets cities or towns adopt rules that limit rent for seniors and disabled tenants in the SCRIE and DRIE programs to no more than one‑third of their combined income. If a rent increase would push the rent above that level, a tax‑abatement certificate is issued to offset the excess, and landlords are prohibited from collecting the higher amount. This is intended to keep rent affordable for vulnerable renters.

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